abrdn Asia-Pacific Income Fund
FAX
155 hedge funds and large institutions have $332M invested in abrdn Asia-Pacific Income Fund in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 44 reducing their positions, and 20 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 44
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
1% more funds holding
Funds holding: 154 → 155 (+1)
0.15% less ownership
Funds ownership: 3.45% → 3.3% (-0.15%)
2% less capital invested
Capital invested by funds: $338M → $332M (-$5.61M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$8.63M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$3.91M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.43M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.47M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.4M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.3M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$9.02M |
| 4 |
SCM
Saba Capital Management
New York
|
-$5.88M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.72M |
FAX Hedge Fund Activity: Q2 2014 in Review
155 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in abrdn Asia-Pacific Income Fund (FAX) for Q2 2014, worth a combined $332M — down 1.7% from $338M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FAX positions and 20 closed out — a net gain of 2 holders — while 55 added to existing stakes and 44 trimmed.
The largest buyer was Amundi Asset Management US, adding an estimated $8.63M. The largest seller was Rivernorth Capital Management, cutting an estimated $15.4M.
- 155 institutional investors held abrdn Asia-Pacific Income Fund (FAX) as of Q2 2014, up from 154 in Q1 2014.
- Funds reported $332M of abrdn Asia-Pacific Income Fund stock for Q2 2014, down 1.7% quarter-over-quarter.
- 22 funds opened new abrdn Asia-Pacific Income Fund positions in Q2 2014 and 20 closed out, a net change of +2 holders.
- The largest abrdn Asia-Pacific Income Fund buyer in Q2 2014 was Amundi Asset Management US, an estimated $8.63M added.
- The largest abrdn Asia-Pacific Income Fund seller in Q2 2014 was Rivernorth Capital Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2014.